Investor Special Legal 5-Unit Property in Prime North Philadelphia Location
Discover a rare investment opportunity in the Glenwood section of North Philadelphia with this fully approved legal 5-unit building. Ideal for seasoned investors or visionary developers, this property offers a well-balanced mix of units: two spacious studios, two one-bedroom units, and one two-bedroom uniteach thoughtfully laid out to provide comfortable living spaces for future tenants.
The building requires a full renovation, making it a blank canvas with massive upside potential. With projected monthly rental income between $4,500$5,000, or even higher through Section 8 participation, this is a high-yield opportunity waiting to be unlocked.
Perfectly situated near public transportation including the Broad Street Line and multiple bus routes, the location offers exceptional connectivity. Residents will enjoy walking access to Dollar General, corner stores, grocery options, and Temple University Hospital.
Whether you're looking to add a cash-flowing asset to your portfolio or reposition this property to maximize returns, this Glenwood multi-unit is priced to sell and brimming with potential. Previous rents were:
Studios: $850/ unit
1brs: $950/ unit
2br: $1300
Sold strictly AS-IS, WHERE-IS Schedule your tour today and explore the possibilities.
Presented By: KW Empower
Interior Features for 1111 W Lehigh Avenue
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNone
Heating Y/NYes
Hot WaterElectric
General for 1111 W Lehigh Avenue
AccessibilityNone
Architectural StyleTraditional
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingWindow Unit(s)
CountyPHILADELPHIA
DirectionsNorth on Broad St, right on Lehigh Ave
Garage Y/NNo
HeatingBaseboard - Electric
Lot Size Square Feet2276.00
Lot Size UnitsSquare Feet
MLS Area19133 (19133)
ModificationTimestamp2025-04-28T12:07:53
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total4
One Bedroom Units Count2
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD
Price Per Sq Ft Total AG59.11
Property SubtypeQuadruplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
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